DETROIT -- A decade of strategic stumbles sent Tower Automotive Inc. into Chapter 11 bankruptcy-court protection on Wednesday. Spiraling steel prices were just its latest challenge. The company filed ...
LONDON (MarketWatch) -- Auto parts maker Tower Automotive on Wednesday filed for bankruptcy for its U.S. business, citing lower auto industry volumes and high steel prices among other culprits. Tower ...
NOVI, Mich., March 28 (UPI) -- Bankrupt U.S. auto parts maker Tower Automotive Inc. said Wednesday it would sell itself to private-equity firm Cerberus Capital Management LP for $1 billion. Tower's ...
NOVI, Mich.--(BUSINESS WIRE)--Oct. 13, 2005--Tower Automotive (OTC BB: TWRAQ) today announced that it will consolidate the operations of its Granite City, Illinois and Milan, Tennessee facilities into ...
Tower Automotive Inc., the world’s biggest maker of car and truck frames, won court approval Wednesday to sell its business to Cerberus Capital Management LP, a private-equity group, for about $1 ...
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